MS Plate HSN Code: Understanding HSN Classifications for MS Plates
MS plates are widely used in construction, fabrication, machinery, bridges and industrial structures. They are usually supplied as flat steel plates of different thickness and sizes. To charge GST correctly and claim input tax credit smoothly, businesses must use the correct MS plate HSN code on every invoice.
In this guide you will learn how MS plates are classified under HSN, how the four digit and eight digit codes under heading 7208 work, what GST rate normally applies and how manufacturers and traders use these codes while filing GST returns.
Book A Demo
What Is the MS Plate HSN Code?
Under GST, MS plates are treated as flat rolled products of non alloy steel. These products are mainly classified in chapter seventy two which covers iron and steel.
For MS plates the base HSN heading most commonly used is 7208. This heading covers flat rolled products of iron or non alloy steel of a width of six hundred millimetres or more that are hot rolled and not clad, plated or coated.
Inside heading 7208 there are many detailed lines that depend on thickness, whether the plates are in coils or not and whether they have patterns in relief. In day to day trade, however, most fabricators and stockists treat 7208 as the standard MS plate HSN code for GST purposes.
Because MS plates fall under the flat rolled steel group, they are different from products like steel pipes, sections or fabricated structures which have their own headings in the tariff.
MS Plate HSN Code Classification and GST Rates
Here are some commonly used HSN codes and GST rates for this category
| Section | |
|---|---|
| Section No | 15 |
| Section Title | Guide to HSN Section 15 |
| Section Description | BASE METAL & ARTICLES OF BASE METAL |
| Chapter | |
|---|---|
| Chapter No | 72 |
| Chapter Title | Iron & Steel |
| Chapter Description | Iron and steel |
4 Digit HSN Code Classification
8 Digit HSN Code Classification
| HSN Code | HSN Code Title | GST Rate |
|---|---|---|
| 72081000 | Flat-Rolled Products of Stainless Steel | 18% |
| 72082510 | Hot-Rolled Stainless Steel Coils | 18% |
| 72082520 | Hot-Rolled Stainless Steel Sheets | 18% |
| 72082530 | Hot-Rolled Stainless Steel Plates | 18% |
| 72082540 | Stainless Steel Hot-Rolled Strip | 18% |
| 72082590 | Other Hot-Rolled Stainless Steel Products | 18% |
| 72082610 | Hot-Rolled Pickled Steel Plates (3-4.75 mm) | 18% |
| 72082620 | Hot-Rolled Pickled Universal Plates (3-4.75 mm) | 18% |
| 72082630 | Hot-Rolled Pickled Steel Sheets (3-4.75 mm) | 18% |
| 72082640 | Hot-Rolled Pickled Steel Strips (3-4.75 mm) | 18% |
| 72082690 | Hot-Rolled Pickled Steel Other Products (3-4.75 mm) | 18% |
| 72082710 | Hot-Rolled Pickled Steel Plates (Below 3 mm) | 18% |
| 72082720 | Hot-Rolled Pickled Universal Plates (Below 3 mm) | 18% |
| 72082730 | Hot-Rolled Pickled Steel Sheets (Below 3 mm) | 18% |
| 72082740 | Hot-Rolled Pickled Steel Strips (Below 3 mm) | 18% |
| 72082790 | Hot-Rolled Pickled Steel Other Products (Below 3 mm) | 18% |
| 72083610 | Hot-Rolled Plates (>10mm, Coils) | 18% |
| 72083620 | Flat-Rolled Steel Coils Over 600 mm Wide | 18% |
| 72083630 | Hot-Rolled Sheets (>10mm, Coils) | 18% |
| 72083640 | Hot-Rolled Strip (>10mm, Coils) | 18% |
| 72083690 | Other Hot-Rolled Coils (>10mm) | 18% |
| 72083710 | Hot-Rolled Plates (>4.75mm, ≤10mm) | 18% |
| 72083720 | Hot-Rolled Universal Plates (>4.75mm, ≤10mm) | 18% |
| 72083730 | Hot-Rolled Steel Sheets (4.75 mm – 10 mm) | 18% |
| 72083740 | Hot-Rolled Steel Strips (4.75 mm – 10 mm) | 18% |
| 72083790 | Hot-Rolled Steel (>4.75mm, ≤10mm) | 18% |
| 72083810 | Hot-Rolled Steel Plates (3 mm – 4.75 mm) | 18% |
| 72083820 | Hot-Rolled Universal Plates (>3mm, <4.75mm) | 18% |
| 72083830 | Hot-Rolled Steel Sheets (3 mm – 4.75 mm) | 18% |
| 72083840 | Hot-Rolled Steel Strips (3 mm – 4.75 mm) | 18% |
| 72083890 | Hot-Rolled Steel (>3mm, <4.75mm) | 18% |
| 72083910 | Hot-Rolled Plates (<3mm, Coils) | 18% |
| 72083920 | Hot-Rolled Steel Strips Over 600 mm Wide | 18% |
| 72083930 | Hot-Rolled Sheets (<3mm, Coils) | 18% |
| 72083940 | Hot-Rolled Strip (<3mm, Coils) | 18% |
| 72083990 | Other Hot-Rolled Coils (<3mm) | 18% |
| 72084010 | Hot-Rolled Plates (Relief Patterns) | 18% |
| 72084020 | Hot-Rolled Universal Plates (Relief Patterns) | 18% |
| 72084030 | Hot-Rolled Steel Sheets (Relief Patterns) | 18% |
| 72084040 | Hot-Rolled Steel Strip (Relief Patterns) | 18% |
| 72084090 | Other Hot-Rolled Steel (Relief Patterns) | 18% |
| 72085110 | Hot-Rolled Plates (>10mm) | 18% |
| 72085120 | Alloy Steel Flat-Rolled Products Over 600 mm Wide | 18% |
| 72085130 | Hot-Rolled Sheets (>10mm) | 18% |
| 72085140 | Hot-Rolled Strip (>10mm) | 18% |
| 72085190 | Other Hot-Rolled Steel (>10mm) | 18% |
| 72085210 | Hot-Rolled Steel Plates (4.75 mm – 10 mm) | 18% |
| 72085220 | Hot-Rolled Universal Plates (>4.75mm, ≤10mm) | 18% |
| 72085230 | Hot-Rolled Sheets (>4.75mm, ≤10mm) | 18% |
| 72085240 | Hot-Rolled Strips (>4.75mm, ≤10mm) | 18% |
| 72085290 | Hot-Rolled Steel (>4.75mm, ≤10mm) | 18% |
| 72085310 | Hot-Rolled Steel Plates (3 mm – 4.75 mm) | 18% |
| 72085320 | Hot-Rolled Universal Plates (>3mm, <4.75mm) | 18% |
| 72085330 | Hot-Rolled Sheets (>3mm, <4.75mm) | 18% |
| 72085340 | Hot-Rolled Strips (>3mm, <4.75mm) | 18% |
| 72085390 | Hot-Rolled Steel (>3mm, <4.75mm) | 18% |
| 72085410 | Hot-Rolled Plates (<3mm) | 18% |
| 72085420 | Alloy Steel Hot-Rolled Strips Over 600 mm Wide | 18% |
| 72085430 | Hot-Rolled Sheets (<3mm) | 18% |
| 72085440 | Hot-Rolled Strip (<3mm) | 18% |
| 72085490 | Hot-Rolled Other (<3mm) | 18% |
| 72089000 | Hot-Rolled Steel Flat Products Under 600 mm Wide | 18% |
| 72091510 | Flat-Rolled Steel Coils Pickled or Oiled, Not Coated | 18% |
| 72091520 | Steel Sheets Pickled or Oiled, Not Coated | 18% |
| 72091530 | Steel Strips Pickled or Oiled, Not Coated | 18% |
| 72091590 | Other Steel Flat Products, Pickled or Oiled | 18% |
| 72091610 | Cold-Rolled Steel Plates (1 mm – 3 mm) | 18% |
| 72091620 | Cold-Rolled Steel Sheets (1 mm – 3 mm) | 18% |
| 72091630 | Cold-Rolled Steel Strip (1-3mm) | 18% |
| 72091690 | Cold-Rolled Steel (1-3mm, Other) | 18% |
| 72091710 | Cold-Rolled Steel Plate (0.5-1mm) | 18% |
| 72091720 | Cold-Rolled Steel Sheet (0.5-1mm) | 18% |
| 72091730 | Cold-Rolled Steel Strip (0.5-1mm) | 18% |
| 72091790 | Cold-Rolled Steel (0.5-1mm, Other) | 18% |
| 72091810 | Hot-Rolled Steel Coils with Coatings | 18% |
| 72091820 | Coated Hot-Rolled Steel Sheets | 18% |
| 72091830 | Coated Hot-Rolled Steel Strips | 18% |
| 72091890 | Other Coated Hot-Rolled Steel Products | 18% |
| 72092510 | Cold-Rolled Steel Coils Pickled or Oiled | 18% |
| 72092520 | Cold-Rolled Steel Sheets Pickled or Oiled | 18% |
| 72092530 | Cold-Rolled Steel Strips Pickled or Oiled | 18% |
| 72092590 | Other Cold-Rolled Steel Flat Products | 18% |
| 72092610 | Cold-Rolled Steel Plates (1 mm – 3 mm) | 18% |
| 72092620 | Cold-Rolled Steel Sheets (1 mm – 3 mm) | 18% |
| 72092630 | Cold-Rolled Steel (≥0.5mm – ≤1mm, Other) | 18% |
| 72092690 | Other Cold-Rolled Steel (1 mm – 3 mm) | 18% |
| 72092710 | Cold-Rolled Steel Plates (0.5 mm – 1 mm) | 18% |
| 72092720 | Cold-Rolled Steel Sheets (0.5 mm – 1 mm) | 18% |
| 72092730 | Non-Retail Cotton Sewing Thread (≥85%, No Synthetic) | 18% |
| 72092790 | Cold-Rolled Steel Strip (≥0.5mm – ≤1mm) | 18% |
| 72092810 | Coated Cold-Rolled Steel Coils | 18% |
| 72092820 | Coated Cold-Rolled Steel Sheets | 18% |
| 72092830 | Coated Cold-Rolled Steel Strips | 18% |
| 72092890 | Other Coated Cold-Rolled Steel Products | 18% |
| 72099000 | Tin-Plated Steel Sheets ≥ 0.5 mm Thickness, OTS/MR Type | 18% |
| 72101110 | Tin-Plated Steel Sheets: Thickness ≥ 0.5 mm, OTS/MR Type | 18% |
| 72101190 | Tin-coated steel sheets | 18% |
| 72101210 | Tin-Plated Steel Sheets: Thickness < 0.5 mm – OTS/MR Type | 18% |
| 72101290 | Plated or coated with tin: Of a thickness of less than 0.5 mm: Other | 18% |
| 72102000 | Tin & Lead Plated or Coated Iron/Steel Sheets | 18% |
| 72103010 | Corrugated Tin Plated Steel | 18% |
| 72103090 | Zinc Coated Flat Steel (>=600mm) | 18% |
| 72103091 | Galvannealed Sheets | 18% |
| 72103099 | Other Zinc Electrolytically Plated/Coated Sheets | 18% |
| 72104100 | Otherwise plated or coated with zinc: Corrugated | 18% |
| 72104900 | Other Electrolytically Zinc Coated Flat Steel (<600mm) | 18% |
| 72104910 | Otherwise plated with zinc: Galvannealed | 18% |
| 72104990 | Zinc coated steel | 18% |
| 72105000 | Chromium and Chromium Oxide Plated or Coated Products | 18% |
| 72106100 | Aluminium & Aluminium-Zinc Alloy Plated or Coated Steel | 18% |
| 72106900 | Plated or coated with aluminium : Other | 18% |
| 72107000 | Painted, Varnished, Plastics Coated | 18% |
| 72109010 | Other | Lacquered | 18% |
| 72109090 | Other : Other | 18% |
| 72111300 | Hot-Rolled Steel (Width >150mm, Thickness >=4mm) | 18% |
| 72111410 | Hot-Rolled Flats (≥4.75mm) | 18% |
| 72111420 | Hot-Rolled Stainless Steel Universal Plates (≥4.75mm) | 18% |
| 72111430 | Hot-Rolled Hoops (≥4.75mm) | 18% |
| 72111440 | Hot-Rolled Sheets (≥4.75mm) | 18% |
| 72111450 | Hot-Rolled Strip (≥4.75mm) | 18% |
| 72111460 | Hot-Rolled Skelp (≥4.75mm) | 18% |
| 72111490 | Other Hot-Rolled Stainless Steel (≥4.75mm) | 18% |
| 72111910 | Flats, hot-rolled | 18% |
| 72111920 | Universal plates: Hot-rolled | 18% |
| 72111930 | Hoops | 18% |
| 72111940 | Hot-rolled sheets | 18% |
| 72111950 | Strip, hot-rolled | 18% |
| 72111960 | Skelp, hot-rolled | 18% |
| 72111990 | Hot-rolled, other | 18% |
| 72112310 | Stainless Steel Coil, Cold-Rolled | 18% |
| 72112320 | Cold-Rolled Universal Plates (< 0.20% Carbon) | 18% |
| 72112330 | Stainless Steel Sheets, Cold-Rolled | 18% |
| 72112340 | Stainless Steel Strips, Cold-Rolled | 18% |
| 72112350 | Other Cold-Rolled Stainless Steel Flat Products | 18% |
| 72112390 | Other Non-Alloy Stainless Steel Products | 18% |
| 72112910 | Cold-rolled flats | 18% |
| 72112920 | Cold-Rolled Universal Steel Plates: Not Further Worked | 18% |
| 72112930 | Cold-rolled hoops | 18% |
| 72112940 | Cold-rolled sheets | 18% |
| 72112950 | Hot rolled steel sheets, coated, painted, etc. | 18% |
| 72112960 | Cold-rolled skelp | 18% |
| 72112990 | Cold-rolled other steel | 18% |
| 72119011 | Other : Universal plates : Of boiler quality | 18% |
| 72119012 | Universal plates, high tensile | 18% |
| 72119013 | Ship building quality plates | 18% |
| 72119090 | Flat-rolled iron or non-alloy steel <600mm | Other | 18% |
| 72121010 | Plated/coated with tin: OTS, MR type | 18% |
| 72121090 | Plated or coated with tin : Other | 18% |
| 72122010 | Zinc coated, corrugated | 18% |
| 72122090 | Other Zinc Coated Flat Steel (<600mm) | 18% |
| 72122091 | Galvannealed plated zinc | 18% |
| 72122099 | Electrolytically plated or coated with zinc | 18% |
| 72123010 | Otherwise plated or coated with zinc: Corrugated | 18% |
| 72123090 | Hot-Rolled High Speed Steel Coils (>=600mm) | 18% |
| 72123091 | Otherwise plated with zinc: Galvannealed | 18% |
| 72123099 | Zinc coated steel | 18% |
| 72124000 | Painted, varnished or coated with plastics | 18% |
| 72125010 | Lead plated or coated sheets | 18% |
| 72125020 | Otherwise Plated Or Coated | Lacquered | 18% |
| 72125030 | Coated steel: Aluminium | 18% |
| 72125040 | Aluminium-Zinc Alloy Plated/Coated Steel Sheets and Plates | 18% |
| 72125090 | Otherwise Plated Or Coated | Other | 18% |
| 72126000 | Clad Steel | 18% |
| 72191111 | Hot-Rolled Stainless Steel (≥10mm, Other Chromium, >14mm) | 18% |
| 72191112 | Hot-Rolled Stainless Steel Coils (>10mm, Chromium, ≤14mm) | 18% |
| 72191190 | Hot-Rolled Other (>10mm, Coils) | 18% |
| 72191200 | Flat-rolled Copper and Copper Alloys | 18% |
| 72191300 | Hot-Rolled Stainless Steel (3-4.75mm, Coils) | 18% |
| 72191400 | Hot-Rolled Coils: Thickness Less Than 3 mm | 18% |
| 72192111 | Hot-Rolled Stainless Steel Plates (<=14mm, Chromium) | 18% |
| 72192112 | Hot-Rolled Stainless Steel Plates (>14mm, Chromium) | 18% |
| 72192121 | Hot-Rolled Stainless Steel Plates (<=14mm, Austenitic) | 18% |
| 72192122 | Hot-Rolled Stainless Steel Plates (>14mm, Austenitic) | 18% |
| 72192131 | Hot-Rolled Stainless Steel (≥10mm, Other Ni-Cr Austenitic, ≤14mm) | 18% |
| 72192132 | Hot-Rolled Stainless Steel (≥10mm, Other Chromium, ≤14mm) | 18% |
| 72192141 | Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Chromium) | 18% |
| 72192142 | Hot-Rolled Steel (> 14 mm, Ni-Cr Austenitic) | 18% |
| 72192190 | Other Hot-Rolled Stainless Steel (>10mm) | 18% |
| 72192211 | Hot-Rolled Stainless Steel Plates (4.75-10mm, Chromium) | 18% |
| 72192212 | Hot-Rolled Stainless Steel Plates (4.75-10mm, Austenitic) | 18% |
| 72192219 | Other Hot-Rolled Stainless Steel Plates (4.75-10mm) | 18% |
| 72192291 | Hot-Rolled Stainless Steel (≥4.75mm – ≤10mm, Other Ni-Cr Austenitic) | 18% |
| 72192292 | Hot-Rolled Stainless Steel (<3mm, Chromium, 0.35-0.56mm) | 18% |
| 72192299 | Hot-Rolled Steel (4.75 mm – 10 mm) | 18% |
| 72192310 | Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Ni-Cr Austenitic) | 18% |
| 72192320 | Hot-Rolled Stainless Steel (≥3mm – <4.75mm, Other) | 18% |
| 72192390 | Hot-Rolled Stainless Steel (≥4.75mm – ≤10mm, Other Chromium) | 18% |
| 72192411 | Hot-Rolled Stainless Steel (<3mm, Chromium, Other) | 18% |
| 72192412 | Hot-Rolled Stainless Steel (<3mm, Chromium, 0.56-0.90mm) | 18% |
| 72192413 | Hot-Rolled Stainless Steel (<3mm, Chromium, <0.35mm) | 18% |
| 72192419 | Hot-Rolled Stainless Steel (<3mm, Ni-Cr Austenitic, <0.35mm) | 18% |
| 72192421 | Hot-Rolled Stainless Steel (<3mm, Ni-Cr Austenitic, Other) | 18% |
| 72192422 | Hot-Rolled Nickel Chromium Steel (<3mm, 0.35-0.56mm) | 18% |
| 72192423 | Thin Hot-Rolled Stainless Steel (0.56-0.90mm, Austenitic) | 18% |
| 72192429 | Cold-Rolled Steel Strip (>1mm – <3mm) | 18% |
| 72192490 | Hot-Rolled Other (<3mm, Non-Coils) | 18% |
| 72193111 | Cold-Rolled Stainless Steel (≥4.75mm, Ni-Cr Austenitic, >14mm) | 18% |
| 72193112 | Cold-Rolled Stainless Steel (≥4.75mm, Chromium, ≤14mm) | 18% |
| 72193121 | Cold-Rolled Stainless Steel (<0.5mm, Ni-Cr Austenitic) | 18% |
| 72193122 | Cold-Rolled Stainless Steel (≥4.75mm, Ni-Cr Austenitic, ≤14mm) | 18% |
| 72193190 | Other Cold-Rolled Stainless Steel (≥4.75mm) | 18% |
| 72193210 | Cold-Rolled Stainless Steel (≥3mm – <4.75mm, Ni-Cr Austenitic) | 18% |
| 72193220 | Cold-Rolled Stainless Steel (≥3mm – <4.75mm, Other) | 18% |
| 72193290 | Cold-Rolled Stainless Steel (≥4.75mm, Chromium, >14mm) | 18% |
| 72193310 | Cold-Rolled Stainless Steel (>1mm – <3mm, Ni-Cr Austenitic) | 18% |
| 72193320 | Cold-Rolled Stainless Steel (≥0.5mm – ≤1mm, Ni-Cr Austenitic) | 18% |
| 72193390 | Other Copper and Copper Alloy Products | 18% |
| 72193410 | Cold-Rolled Chromium Steel (0.5 mm – 1 mm) | 18% |
| 72193420 | Cold-Rolled Stainless Steel (≥3mm – <4.75mm, Chromium) | 18% |
| 72193490 | Cold-Rolled Steel (0.5 mm – 1 mm) | 18% |
| 72193510 | Copper Sheets and Strips | 18% |
| 72193520 | Cold-Rolled Stainless Steel Strips (Chromium) | 18% |
| 72193590 | Other Cold-Rolled Stainless Steel (<0.5mm) | 18% |
| 72199011 | Sheets > 4.75 mm thickness | 18% |
| 72199012 | Sheets and plates: 3 – 4.75 mm thick | 18% |
| 72199013 | Sheets and plates: Thickness < 3 mm | 18% |
| 72199090 | Flat-Rolled Stainless Steel Products ≥ 600mm | Other | 18% |
| 72201110 | Hot-Rolled Skelp for Pipes/Tubes (≥4.75mm) | 18% |
| 72201121 | Hot-Rolled Stainless Steel Strips (≥4.75mm, Ni-Cr Austenitic) | 18% |
| 72201122 | Hot-Rolled Stainless Steel Strips (≥4.75mm, Other) | 18% |
| 72201129 | Hot-Rolled Stainless Steel Strips (<4.75mm, Ni-Cr Austenitic) | 18% |
| 72201190 | Hot-Rolled Steel Plates ≥ 4.75 mm Thickness, Not Further Worked | 18% |
| 72201210 | Aluminium Flat-Rolled Products | 18% |
| 72201221 | Hot-Rolled Chromium Steel Strips (<4.75mm) | 18% |
| 72201222 | Hot-Rolled Stainless Steel Strips (<4.75mm, Other) | 18% |
| 72201229 | Hot-Rolled Stainless Steel Coils (>10mm, Chromium, >14mm) | 18% |
| 72201290 | Other Hot-Rolled Stainless Steel (<4.75mm) | 18% |
| 72202010 | Cold-Rolled Skelp for Pipes and Tubes | 18% |
| 72202021 | Cold-Rolled Stainless Steel Strips (Ni-Cr Austenitic) | 18% |
| 72202022 | Hot-Rolled Stainless Steel Strips (≥4.75mm, Chromium) | 18% |
| 72202029 | Other Aluminium Flat Products | 18% |
| 72202090 | Cold-rolled: Other | 18% |
| 72209010 | Skelp | Strips for Pipes and Tubes | 18% |
| 72209021 | Chromium strips for pipes | 18% |
| 72209022 | Nickel Chromium Austenitic Pipe/Tube Strips (Non-Skelp) | 18% |
| 72209029 | Strips for pipes and tubes: Other | 18% |
| 72209090 | Flat-Rolled Stainless Steel (<600mm Width) | Other | 18% |
* GST rates may vary based on the latest GST notifications
MS Plate HSN Code 8 Digit and GST Classification
The Indian tariff uses eight digit codes for detailed classification. MS plates that fall under heading 7208 are broken into several eight digit codes such as 72083610, 72083710, 72083810, 72083910, 72085110 and 72085210 depending on thickness, form and other features. These sub codes all describe flat rolled non alloy steel plates of different sizes and conditions.
In practice, many small and medium businesses do not go into every eight digit variation. They often use the six digit or four digit level that their accounting software allows, such as 720840 or simply 7208, while keeping product details like thickness and size in the item description. Bigger steel mills, large service centres and importers usually map each MS plate category to the correct eight digit code so that customs and GST records match exactly.
For GST classification, all these eight digit MS plate codes under 7208 are grouped together as flat rolled products of non alloy steel and share the same schedule entry and GST slab unless a specific notification says otherwise.
GST Rates for MS Plates and HSN Code Classification
Under the current GST structure, MS plates under heading 7208 are generally taxed at 18% GST . The rate tables for flat rolled non alloy steel from 7208 to 7212 show 18% as the standard slab for these items.
This means that whether you sell heavy MS plates, medium thickness plates or thinner plates that still fall under 7208, they are typically billed at 18% GST on the taxable value. The same slab applies to most of the related eight digit plate lines where the description clearly covers plates.
When MS plates are processed further into fabricated structures, brackets or machinery parts, those finished goods may move to other headings in chapter seventy three or other chapters and their GST rate will follow those new codes. That is why it is important to decide whether you are selling plain plates as raw material or finished fabricated items.
For GST compliance, steel suppliers configure 7208 or the relevant eight digit MS plate HSN code in their accounting software. Each invoice line for MS plates shows this code and the 18% GST rate. During return filing, outward supplies under heading 7208 are reported in the HSN wise summary in GSTR-1 so that turnover in MS plates is clearly visible.
On the buyer side, builders, fabricators and engineering companies that purchase MS plates for use in works contracts or manufacturing can usually claim input tax credit on the 18% GST paid, subject to general conditions. Correct HSN classification makes it easier to support this credit during audits.
Conclusion
The MS plate HSN code system places mild steel plates in chapter seventy two under flat rolled products of non alloy steel. In most cases MS plates are classified under heading 7208 with more detailed eight digit codes chosen based on thickness and form.
When businesses map every MS plate item to the appropriate code under 7208 and apply the usual GST slab of 18% for these flat rolled steel products, their billing stays accurate and input tax credit flows smoothly through the steel supply chain. This helps avoid classification disputes, interest and penalties linked to wrong HSN codes or GST rates on MS plates.
